Firms stop real-money operations after Parliament passes Online Gaming Bill
Online gaming firms are suspending their real-money gaming operations in the wake of the Parliament passing the Promotion and Regulation of Online Gaming Bill, 2025, on Thursday to enforce a blanket ban on all forms of real-money online games, while encouraging the growth of e-sports and free-to-play social games.
“As a matter of abundant caution and in due respect of the government’s mandate, Moonshine Technologies, an associate company in which Nazara Technologies Limited holds a 46.07 per cent stake, has ceased offering real money online gaming operations,” a stock exchange filing from Nazara said.
